What is Asset Refinance?
Quite simply, if you have equipment, machinery or vehicles, within your business that you own, refinancing is perfect to raise more working capital. Refinancing gives companies looking to fuel further growth a flexible, efficient, and viable option. Asset refinancing is straightforward, you sell your equipment to the finance company and then hire it back over an agreed term.
Refinance can be structured on either a Hire Purchase or Finance Lease agreement and suits companies of all sizes, from sole traders to limited companies.
Your repayments can be structured in line with the income that the asset will generate, and you will own the asset by the end of the finance term.
